Koreans in vietnam

Da Nang police are investigating an illegal online game operation after arresting four Koreans Tuesday along with 19 Vietnamese they had hired to play a game to upgrade other accounts from South Korea.
A Saturday report by news website Dan Tri said the operation was registered as an Taran information technology company focusing mainly on software production and programming. But the 19 Vietnamese employees had the sole job, day and night, of playing the online game Lineage1, a medieval fantasy. This is a multiplayer online role-playing game released in 1998 by the South Korean computer game developer NCsoft. One of the employees, Nguyen Minh Nhat, 24, who has been with the operation since November 2011, was appointed the company director, listed in the registration papers and represented the company to sign contracts. The South Koreans arrived on tourist visas and were not allowed to run business in Vietnam, so they used Nhat as a figurehead. All decisions were … [Read more...] about Koreans arrested as police bust illegal online game operation in Vietnam

Though there has been an abundant supply of steel for construction, there is a serious shortage of steel for the supporting industry. That is reason why Vietnam has spent billions of dollar to import steel annually. Despite Vietnam slapped new tariff, in the first eight months of the year, 12.6 million tons of steel products were imported to the country, up 27.3 percent on the quantity and up 2.1 percent on the turnover compared to the same period last year, which have allegedly threatened the local industry. Noticeably, of 12.6 million tons of imported steel into the country, Chinese steel accounted for over 60 percent of the amount and recorded 56 percent of total turnover followed by Japanese, South Korean, Taiwanese and Russian steel yet Japanese, Korean, Taiwanese and Russian steel just accounted for 38 percent in quantity and 39 percent in turnover. Some imported steel items have seen an increase in consumption compared to same period last year including steel billet to 100,000 … [Read more...] about Paradox in steel production in Vietnam

The former world champions will take on the host's U20 team on May 10 at HCM City's Thong Nhat Stadium and the U22 side at Hanoi's My Dinh Stadium four days later.
Argentina's U20 football team. Photo: vtv.vn
These games will serve as warm-up matches for all three teams, as the first two are going to compete at the FIFA U20 World Cup in the Republic of Korea next month and the latter one will play the Asian U23 Championship's qualifier at home in July and the Southeast Asian Games in Malaysia in August.
Following the list sent to VFF, all 21 Argentinean players under coach Diego Romagnoli who will participate in the Korean event will arrive in Vietnam on May 8.
"They are the best Argentina has at present. A match against them will be a huge test for Vietnam prior to the World Cup, a competition that we have reached for the first time in history," Anh said.
"We hope to play good matches so that Vietnam becomes a destination for international teams in the future," he added. … [Read more...] about Argentina’s U20s to play two matches in Vietnam

(VOV) -Baek Ji Young, a famous South Korean pop ballad singer, has arrived in Vietnam to participate in a Vietnamese music contest entitled "Lotte VK Pop Super Star".
Vietnamese, Korean artists stage folk singing
Korean band Sistar back to Vietnam
Korean stars flock to Vietnam
Young along with Vietnamese artists - singer Phuong Thanh and dancer John Huy Tran will serve on the jury for the contest taking palace from February 22-28.
"I want to find Asian music talent in Vietnam," said Baek Ji Young, affirming that she would help local contestants make full use of their advantages.
Starting her career in 1999, Baek Ji Young went on to become a legendary pop ballad singer with the release of a number of highly acclaimed albums including - "Sorrow, Smile, Smile Again, I Won't Love, the Sixth Miracle, I Only Need One Love, Sensibility, and Like Being Hit by a Bullet.
Bad Person (in Hwang Jin Yi movie), Don't Forget (in Iris), That Woman (in Secret Garden), … [Read more...] about Korean music star welcomed in Vietnam

In early May Vietnam Cable Television, or VTVcab, had to stop broadcasting UEFA Champions League football matches after South Korea’s KJ Investment Group Inc, which had licensed VTVcab, stopped providing the feed due to piracy.Many websites were illegally streaming the matches live by stealing the content, and VTVcab told the Korean company it was unable to prevent it.This caused the cable channel huge losses and gave it a bad name in the eyes of international partners, Hoàng Ngọc Huấn, its CEO, lamented.Television and film piracy is one of the most talked about issues and seen as a persistent problem for the creative industry.Many of Vietnam Television (VTV)’s hit shows, for instance, Sống chung với mẹ chồng (Living with Mother-in-law) and Người phán xử (The Arbitrator) appeared on pirate sites just hours after being aired.“Many copyright monitoring measures have been undertaken, but they are yet to catch … [Read more...] about TV, film piracy remain big concern in Vietnam

Of the 110 foreign direct investment (FDI) projects Vietnam has attracted in the field of electricity and gas production, 16 are in green energy, with total registered capital of $778 million, accounting for 14.5 per cent of project numbers and 6 per cent of total registered capital, according to the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment. The average size of each green energy project is over $48 million, or $13 million higher than the average for each FDI project, but much lower than the size of the average capital for a project in the electricity industry, of about $115 million. In 2009, there were two FDI projects in the energy industry, with total registered capital of $90.5 million. FDI in the field fell in 2013 then increased gradually in 2014. In 2015, registered capital stood at over $356 million. In terms of project scale, wind-generation power attracted the most attention among foreign investors, with total registered capital of $577 … [Read more...] about $778mn invested in green energy projects in Vietnam

VietNamNet Bridge - "Trade deficit" is the term commonly used in economics, not for culture. But it's not hard to find out that Vietnam is in trade deficit for culture, particularly in entertainment, audiovisual, movies, books, etc. Animation is just one of them.
cultural trade deficit started to be rarely used in Vietnam from 2009. According to observers, in the world the concept of "trade deficit in culture goods," or "cultural trade deficit" were just mentioned after 2000.
And until now, it is still not a universal concept. Perhaps the European and American markets, which are not the markets that are susceptible to cultural invasion; so this is not a problem that they are interested in.
In Vietnam, since the open door policy was implemented, American and European culture infiltrated into Vietnam and dominated the field of music and films in the 90s. It was followed by the emergence of the TV series from Hong Kong, Taiwan and China.
In the late 90s to the early 21st century, … [Read more...] about Less than one percent of comics in Vietnam are Vietnamese origin

VietNamNet Bridge – Samsung, LG, Canon and Nokia of Microsoft all have relocated their production bases to Vietnam.
The South Korean Samsung Group is considering more investment projects in Vietnam. The giant’s total investment in the country may reach $20 billion by 2017, according to the Ministry of Planning and Investment (MPI).
The ministry, it its latest report to the government, showed that in 2014 alone, Samsung poured $5.4 billion more into Vietnam, equal to 31 percent of the total foreign direct investment (FDI) registered by the end of November 2014.
This has made Samsung the biggest foreign investor in Vietnam with total registered capital reaching $12.6 billion so far.
Samsung C&T, a subsidiary of Samsung, has signed a memorandum of understanding (MOU) with the Ministry of Industry and Trade (MOIT) on the construction of the Vung Ang 3 1,200 MW thermal power plant in Ha Tinh province. The project, to be implemented under the mode of BOT (build, … [Read more...] about Hi-tech groups think big in Vietnam

Trang Vu updates on all the new developments at the billion dollar projects licensed between 2006 and 2016 that were valid as of February 2016 at the time we posted this article. Projects that were finished or have seen no new developments are omitted. 1) $1.1 billion Posco project in Ba Ria-Vung Tau Licensed in 2006, the project aimed to build a steel plant on an area of 130 hectares. The plant is going to operate for 48 years, producing cold and hot rolled, as well as galvanized steel items. The first phase of the plant was completed in 2009 at a cost of $340 million and now has a total capacity of 700,000 tonnes per year. In September 2016, the Government Inspectorate requested the Chairman of Ba Ria-Vung Tau People’s Committee to review the licenses for four steel projects in the province because they are not included in the government’s master plan on steel development. The Posco project is one of these, besides the ones by Fuco Steel Corporation Ltd., Vina Kyoei … [Read more...] about 2017 update on foreign mega investment projects in Vietnam